HKD/GBP: what to know
The HKD/GBP rate shows how much GBP you get for 1 HKD. Right now, 1 HKD buys 0.0951 GBP at the mid-market rate. In the other direction, 1 GBP is worth 10.5182 HKD.
In the short term HKD is driven mainly by its peg to the US dollar, while GBP responds to Bank of England policy and the UK economy.
The Hong Kong Dollar (HKD) is issued by Hong Kong Monetary Authority. Most banknotes are issued by three commercial banks, not a central bank. The British Pound (GBP) is issued by Bank of England. The pound sterling has been in use for over 1,200 years.
Over the past 12 months the HKD/GBP rate has ranged between 0.0927 and 0.0986 — a change of -0.90% versus a year ago.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.